We have another new beginnings in the crypto space because the crypto-friendly US govt will be our welcome saving grace

in hive-185836 •  5 days ago 

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Source - @cryptopie


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Source - @cryptopie


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Source - @cryptopie


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Source - @cryptopie


I am optimistic in this year of 2025 that we can experience what we are just dreaming of if not wanting to happen about the general acceptance of cryptocurrencies in our society. I mean that in the former times the governments are just quite tight about its regulations where some governments would just ban its use if not being so strict like what the US SEC had done to the Ripple company and even to some exchanges like Bittrex which had been forced to close=down because it cannot handle the financial aspect of battling the SEC while the former had fought and (for sure) "will win" (tentatively) its battle which is why XRP is getting its real value because of its being a real world asset.

I am also anticipating that other governments besides the US would make their own strategic Bitcoin reserve so as not to fall behind for their own financial/economic surety and this will have a positive implications about the value of Bitcoin in particular which is a prime mover of the value of Altcoins. So the landscape of crypto from now on will change over the next few years during this government of Mr. Donald Trump. We couldn't be more bullish with a crypto-friendly USA where both the USA president, the senate, the congress, and the US SEC and most of the state leaders go hand in hand in supporting the technology, innovation, and other benefits of cryptos to our society as a whole and not only to the US.

It is so relieving to know that certain crypto companies will be support by this coming government of USA like XRP, HBAR, and the others which is why it is somewhat a sure bet when you hold such assets from now on. The coming ETFs for XRP in particular would also bring its value to some better value from its current value of $2.33 at the moment of this writing. Again, this will send ripples of price appreciation to other cryptos because we simply gets the thumb of approval from the most powerful country in this world and so bog investors will be more confident into putting their money into cryptos from now on unlike before.

With regards to the fear of everyone with the wild volatility of Bitcoin going down to about negative 30-40% just like before, I guess that it will be a thing of the past now because of the additional big demand for BTC in particular. Although some analysts out there that in the next year or so, the bear market will return and at this point nobody can really be sure if both will happen because of the big demand factor coming from ETFs and the supposed wide adoption of not only in the US but worldwide, at least from some big nations and thus, the domino effect will follow suit. However, if the big dips will still be a thing, then it is still ok for the reason that people will have opportunities to buy back in at the cheaper prices, so either a usual bear or a super cycle bull market will give us all the benefits of both worlds because after all, volatility is our friend.


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The only fear here is that we can no longer lay hands on our crypto. We cannot sell, transfer or buy. How cool is that?

I have strong doubts about Trump's promises, same for the interferences of the X man and Gates. We had to a society where we own nothing and a few are happy with having it all.

I wish you another new year Miss @wakeupkitty and thank you for all your support and kindness to me, may God always bless you.

I think that Mr. Trump will do what he said he will do because otherwise he will lose the support of many people like in the crypto community. He was not a "believer" of crypto before but after maybe being educated by some people around him, he then realized how innovative Bitcoin is in terms of its fundamentals which is why he "promised" or planned to do the strategic BTC reserve fund to help USA with its multi-tons of debt which is done by a person then that person will go to jail because the financial system by the US government with its treasury department and the FED with its banks are doing a ponzi scheme by paying debt with more debt and is made acceptable by them.

Only by making a BTC reserve fund will be the sensible thing to do for the US government because BTC acquires value over time and as more of it is accumulated by big entities and nation states, it can be possible to nudge the debt of US considerably. So now he is supporting not only BTC but also US-based crypto companies so that all things will go smoothly for these supposed wide adoption of cryptos which US will benefit in the process.

Cryptos are the only thing that we can own without other people having a power over it which is why it is a God's blessing for people to have some of it for their future needs unlike having cash in the bank where you will lose its value even if it gives you interest considering that banks only give us less than a percentage to our deposited money in the bank. Even if we will store our money in a high-yield bank deposit, the bank can still go bankrupt and give us headaches on how to retrieve our money if it ever happens that the bank ceases to exist at some point in the future.

Here in my country we have digital banks and e-wallets that offers high interest yield but they can only offer it for a limited amount of money deposited. So if you have lots of money, you will run-out if digital banks to deposit into. I also thank God that we have a central bank here in my country which supports crypto which is also why some of our digital banks here can accepts cryptos and you can cash out your cryptos with the use of these digital banks.

Well of course we also do not know what the morrow will bring us and that the supposed crypto-friendly US might not make the job that we are expecting them to do in the realm of crypto but in my opinion we already took much time about waiting a positive outlook for the adoption of cryptos and that it is now happening to benefit us all at some degree in many of its offerings to our financial empowerment. it does makes sense to support cryptos because it is about making good money at the end of the day both for small people and big entities alike.

May you have a great weekend Miss @wakeupkitty 😀👍
🌹🌹🌹

We can still own it here but should pay taxes over it and all wallets are known that's what registration was/is for.

Next ro that what is in the wallet is in the wallet but how to use it.

We'll see what the future brings but I doubt Trump will benefit Europe's decissions although the EU loves to kiss the feet and are the puppets.

I wish you fortune and a super great year. We can celebrate New Year every month to keep the spirit high.
.
How time flies. Nearly weekend again!

Did you finish all the birthday treats? If I see your plate I wonder how you can eat that much.

Give my regards to your mom and a good day/evening.

Ps tell the hospital they should give you the best chair since you are a miracle and special. Good for the hospital's name (and they don't want me to pay them a visit).

🤗♥️🍀

Hi Miss @wakeupkitty.pal @wakeupkitty
Our e-wallets here are versatile, we can use it to pay for electric bills, water utilities, for almost anything and two that I use accepts cryptos and we don't pay taxes from it, only fees when we cash-out for FIAT money when we need to put the cash equivalent to our banks or debit cards.

I am quite surprised really on how the west impose taxes on "capital gains" where here in my country it is non-existent in cryptos in particular. Well I guess I am lucky in that regard. Bit in my particular online wallet I am afraid to transfer some of my cryptos in one big transfer because of my fear that it will going to get flagged and have my assets frozen like what happened to some people, so I am just cashing it out slowly to my debit card/bank.

Anyway, I am still optimistic more than ever for the future of crypto enthusiasts because of what would happen when the government of US works on favor of cryptos from now on because the US will also move other countries to do the same in terms of adoption of Bitcoin in particular which has a great impact on the general crypto space.

I normally don't eat that much Maki if you are referring to a plate of Maki while if I would eat rice gruel the bulk of it is just white eggs which I sometimes finish all three egg whites while the watery part of the soup I try not to consume all.

I always force myself to eat so that my muscles would not retract because even if I eat that much, it is still less than my calorie requirement in both protein and carbohydrates. I can only eat better after dialysis and the day after that until my next dialysis my appetite is depressed.

I now have to cope about my new lazyboy chair a the dialysis center. I would often ask the caregiver to put a chock below the leg part of the chair to raise it up when I am in the full recline so that I can feel more comfortable and ease the downward pressure on my spine because I am not even comfortable lying down in an angle but I just prefer as flat as possible so that I can breathe better too.

Thank you for all your kind words, love, support, and concern Miss @wakeupkitty 🌹🌹🌹
May God bless you always. 😀👍

It is a wise thing to do to b careful with the amount you withdraw and need.
Here we pay tax over tax over taxes we paid taxes over already. If you inherit you pay taxes over it as well so for children it is rare to inherit the house the parents paid off in most cases it is sold to pay taxes over the taxes the parents already paid taxes over the keep the social whatsoever running and help the royal family and the government collect a fortune.
Whatever you have, or receive, if you sell your second-hand/used things the government will tell you to pay taxes over it now that cryptocurrencies are involved as well. You pay taxes over the amount you have at January 1st 00:00. For sure this is a way to discourage people to own anything. Only the very rich will not care, they even find ways to not pay taxes which they can if they say they gave to charity (so no good deeds it's to avoid paying taxes and they are promoting their name).

I wonder if you eat if you are in hospital since that is what people do with us. During the dialyze they receive extra treats so they can eat what is forbidden since the blood is cleaned anyway

It's a good thing you ask for more comfort and I hope the hospital gives it without starting discussions since they can't feel what you feel besides it's in their own benefit as well that you can easily breathe. Do you try to take a nap or is it possible to listen to music or watch a film with your phone?

I hope you feel better after the dialyze and can eat a bit more and relax.

Know you are in my mind dear friend.

  ·  2 days ago (edited)

My town government would sometimes ask people to pay their property tax but would always make amnesty especially for those that will not pay like the non-business or residential property taxes.

Only those employees that earns a lot of money per month are taxed with some special tax. In short the government is not that aggressive in collecting taxes to individual people unlike in the west where even crypto profits from exchanges have to be declared to collect taxes from it. But here in my place in the earth, the businesses are the ones that are paying taxes for them to operate and maintain licenses while the employee salaries are deducted with some corresponding income tax returns (ITR) and some other deductions like social security, government health insurance, and others.

I can eat in the treatment area but I just suck on a couple of candies because I would eat beforehand. It is inconvenient for me to eat in there anymore because my mother cannot go inside the center anymore which is why she just choses not to go with me during my sessions and I actually miss her company although I just like her to relax at home. I also do not want to eat at dialysis because I want to build my appetite and enjoy my meal after we get back home.

Now I would just sleep while hooked-up at the dialysis machine, however I am always interrupted because my pace is near the door and the tiles on that part of the dialysis clinic is loose and the nurses station is near to it an d to my chair, so everytime somebody walks through the door I my chair gets nudged and I can't really sleep unless the nurses would not move much or go through walking at that door. The said tiles were fixed before and now it had gotten loose again so I have to contend with it again.

Thank you for all your thoughts and kindness Miss @wakeupkitty.pal @wakeupkitty

May all work out as we hope for. A good week we wish you!

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Hello! I am buying/selling Steem on the Binance...
From there easy ( mostly Cardano) to the Crypto.com for the further use ... Just in recent times I need to confirm where the transfer is coming from and from whom...

Binance has been forbidden in the Netherlands for nearly two years. We also have to confirm where the money comes from, who I pay or receive from, we have to prove the accounts are ours and of course, because tax should be paid over the value of the crypto

I noted your tip, who knows it works. Right now emigrating feels easier.

I understand...I had a feeling and some indications that in EU it is becoming more and more difficult as regulatory measures are being put in place.
With what you said about Netherlands, it is clear that it is very difficult ( or already illegal) to do it.
Soon we all might have a credit scoring like in the China:(
All the best,
Damir

There's a new law and it's more than just being registrated with your ID, phonenumber, bankaccount and so on.
Yesterday I receive an email from a ... who said they will not follow this new law with the result you can only buy and sell with them and no transfers (this should all be checked) . So another one bites the dust and tries not to burn his hands. We had the same with blocktrades.us years ago. It drove them nuts they had to register everyone in Europe or wherever.
We already have the credit scoring but I have strong doubts everyone in China has, it's more like a big city thing where it's easier to check everything.
If you buy online you are checked by all the big companies, Amazon, ebay, aliexpress, you name it. Klarna, flight companies and the banks do the same (they know exactly on what you spend your money and if you take cash and how much and try to fight it although the ex PM of the NL now the head of the NAVO at the same time told the Dutch are not prepared for a life without electricity and they should have an aid box and.. cash (it will be hard to find an ATM and banks they removed years ago).
The smart cities they already tried twice in Amsterdam (easier because of all the water and the bridges) that didn't work out well.
The minimum salary? Of course that one will be introduced and the euro crypto wallet should everyone have this year and the c19 ID plans are always continued. The fact no one talks about it doesn't mean it doesn't exist. People love all the new gadgets and this is how it will be promoted. Two generations were raised with the comfort of devices and after the c19 lockdown tests they know now how easy it is to lock up the crowd. A bit fear, war to distract, spreading hate and voila and for the lazy there's the minimum salary which will also bring a solution for nearly the entire country trying hard to pay of debts. You own nothing and will be happy this is the best slogan for those in debts, a brave new world without worries. Who cares if we all wear the same outfit?

It really is a saving grace and the day after the election it was like the clouds lifted.

Upvoted! Thank you for supporting witness @jswit.

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great things done by great people too, great friend🤝